Desco Credit Union Huntington WV | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Desco, your trusted financial partner since 1963! Nestled in the heart of Huntington, WV, at 1438 6Th Ave, we are dedicated to serving our community with a personal touch and unwavering commitment. With over 25,000 members and more than $508 million in assets, we prioritize your financial well-being and strive to provide the best banking experience possible. At Desco, we understand that every member's journey is unique. That's why we offer a wide array of services tailored to meet diverse needs be it personal banking, auto loans, mortgages, or business banking solutions. Our team is here to assist you every step of the way. Under the leadership of our CEO, Jeff Lyons, and Board President, Richard Bussa, we work hard to maintain our strong financial position with total deposits reaching $69 million and a net worth of $54 million. While members can visit us at our branch address, official correspondence should be sent to our mailing address: 1438 6TH AVENUE, Huntington, WV 25701-2421. We invite you to explore our website at www.descofcu.org for more information on how we can help you achieve your financial goals. With a dedicated team of 114 employees, we're always ready to assist you from 9:00 AM to 5:00 PM during weekdays. Whether you're looking for an auto loan among our total of over 14,000 loans or want assistance with everyday banking transactions through our drive-thru service and ATM access, Desco is here for you. Join us today and discover why so many choose Desco as their financial home. If you have questions or need assistance, don't hesitate to call us at 304-525-4550. Your future starts here!

Branch History & Mission

At Desco, we take pride in our rich history and unwavering commitment to serving the community of Huntington, West Virginia. Founded in 1963, our branch has grown from humble beginnings into a trusted financial partner for over 25,000 members. Located at 1438 6th Ave, we are conveniently situated near local landmarks that make us accessible to everyone in the area. Over the years, Desco has achieved significant milestones, including amassing total assets of $508,126,802 and maintaining a strong community focus. Our mission is simple yet powerful: to provide affordable financial services while supporting the growth and well-being of our members and the communities we serve. We believe in empowering individuals with the tools they need to succeed financially, whether through personal banking options, auto loans, or business financing. While members can visit us at 1438 6Th Ave Huntington Wv 25701, official correspondence should be sent to our mailing address at 1438 6TH AVENUE, Huntington, WV 25701-2421. With operating hours from 9:00 AM to 5:00 PM on weekdays, we ensure that our members have ample opportunity to access our services. Our branch features both ATM availability and drive-thru banking for your convenience. At Desco, we recognize the importance of staying current with technology and trends. We offer online banking and mobile applications that make managing finances easier than ever. Our dedication to accessibility includes compliance with ADA standards so that all members can comfortably use our services. In addition to financial offerings, we are deeply involved in community outreach initiatives that foster partnerships and support local events. We believe that by investing in our community, we can create a brighter future for everyone. If you're looking for a credit union that truly cares about its members and their needs, we invite you to join us at Desco. Experience firsthand how we can help you achieve your financial goals while being part of a supportive community. Call us today at (304) 525-4550 or visit our website at Desco to learn more!

Branch Location & Accessibility

Accessibility Features

At Desco, we prioritize accessibility for all of our members. Our location is ADA compliant, featuring ramps and designated parking spaces to make your visit as smooth as possible. Whether you're walking in or using the drive-thru service, we aim to provide a welcoming environment.

Call to Action

Have questions or want to know more about what we offer? Feel free to call us at (304) 525-4550! We're here to assist you with all your banking needs. Come visit us at Desco today; we look forward to serving you!

Operating Hours & Services

We're open Monday through Friday from 9:00 AM to 5:00 PM, so you can find a time that fits your schedule. When you visit, you'll have access to a variety of personal banking services including checking and savings accounts, auto loans, mortgage options, credit cards with rewards, and more. Plus, our drive-thru service allows for quick deposits and withdrawals without leaving your vehicle.

Member Eligibility

Becoming a member of Desco is like joining a caring community that puts you first. To qualify for membership, you simply need to live, work, worship, or attend school in the Huntington area or be related to someone who is already a member. This means that many people can easily join and start enjoying the benefits. As a member of Desco, you'll gain access to great financial products and services designed to meet your needs, whether it's saving for the future, buying a car, or managing everyday expenses. Opening an account is straightforward and welcoming! You can find all the details you need about becoming a member by visiting our eligibility page at . If you have any questions or want to get started right away, feel free to give us a call at (304) 525-4550. We're excited to have you as part of our community at Desco, located at 1438 6Th Ave Huntington Wv 25701!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $340 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $2 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $74,969,882, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

Imagine running your shop smoothly, where payments are processed quickly and securely. Our merchant services empower local businesses like yours to accept payments easily, ensuring you get paid promptly so you can focus on what you do best serving your customers. Located at 1438 6Th Ave Huntington Wv 25701 in Huntington, WV, our dedicated team is here to help you navigate the financial landscape with confidence. Reach out to us at (304) 525-4550 or visit us online at Desco to explore how we can support your business journey today!

Comprehensive List Of Services

Accessing Your Funds

We understand the importance of quick access to your cash. That's why we provide ATM and cash withdrawal services at various locations for easy access whenever you need it. Additionally, our drive-thru service allows for quick transactions without leaving your car ideal for those busy days when time is short. At Desco, we are here to support all aspects of your financial journey. With friendly staff ready to assist you at every turn, you'll find that managing your finances has never been easier. We invite you to visit us or call at (304) 525-4550 if you have any questions or need assistance with our services. Experience the difference with Desco today!

Business Banking

For our business members, we offer essential banking services such as merchant services and business loans. Whether you're starting a new venture or looking to expand, we have the tools to support your growth. Our understanding of local businesses helps us tailor solutions that fit your specific needs.

Digital Convenience

In today's fast-paced world, convenience is key. That's why we offer online and mobile banking features that allow you to manage your finances anytime, anywhere. From checking your account balance to transferring funds with ease through person-to-person payments, our digital platform ensures you stay connected without the hassle.

Loans and Credit

In addition to home financing, we provide personal loans for various needs, whether it's for a big purchase or debt consolidation. Our credit cards come with rewards that allow you to earn while you spend. This means every time you use your card, you could be one step closer to a reward perfect for those who love to travel or shop!

Personal Banking

Our personal banking services include checking and savings accounts that cater to different financial goals. Imagine having an account where your money not only stays safe but also grows over time. We offer auto loans and vehicle financing options that can help you drive away in your dream car with manageable payments. If you're thinking about buying a home, our mortgage loans and refinancing options can help make that dream a reality.

Digital & Online Banking

Key Features

Our online banking gives you access to your accounts 24/7, allowing you to check balances, pay bills, and transfer money whenever it suits you. Plus, with the ability to set up e-statements, you can keep track of your transactions without the clutter of paper statements. You'll receive them directly in your inbox, making it easier to stay organized. For those moments when you need to send money quickly, our person-to-person transfer feature is there for you. Whether you're splitting a dinner bill or sending money to a friend, it's fast and hassle-free. And if you're always on the go, don't forget about our mobile application! It offers all the features of online banking right at your fingertips.

Security and Accessibility

Your security is our top priority. We employ advanced security measures to protect your information while using our online services. You can bank with confidence knowing that your data is safe with us. In addition to being secure, our digital banking tools are user-friendly. You can easily navigate through different features and manage your accounts in real-time. Whether you're at home or out and about, everything you need is just a click or tap away. At Desco, we're committed to providing you with accessible banking solutions that fit into your lifestyle. Visit us today at http://www.descofcu.org and experience how simple managing your finances can be!

Financial Strength

At Desco, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are dedicated to providing a solid foundation for your financial needs, ensuring that you can trust us with your savings and loans. With a net worth of $54,781,563, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,078 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $87,890,812 in share certificates and $50,466,897 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $29,702,235 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust; with $2,925 in used auto loans and $321,567,551 in total loans and leases, we support our members' financial goals across various sectors. Our operational efficiency is reflected in our $2,547,674, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 113 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $0. Total Share Accounts: 35,640, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Desco is your trusted partner. Visit us at 1438 6Th Ave Huntington Wv 25701 or call (304) 525-4550 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $31,202,553 in used vehicle loans and $7,390,823 in new vehicle loans already helping members get on the road. We provide financing options for both new and used vehicles to fit your budget and lifestyle.

Business Loans

For business owners, our outstanding commercial loans totaling $74,969,882 provide the capital needed to grow and expand. We understand that businesses need funding for various reasons from purchasing inventory to investing in new equipment so we are here to support your success.

Credit Lines

Our credit lines of $127,429,061 give you access to funds when you need them most. With this product, you can borrow as needed while only paying interest on what you use. If you're considering refinancing any existing loans or want more information about eligibility for our loan products, please don't hesitate to reach out. You can contact us at 304-525-4550 during our lobby hours from 9:00 AM - 5:00 PM, Monday through Friday. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. At Desco Credit Union, we're dedicated to providing personalized service and financial solutions that work for you. Let's work together towards your financial future!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $11,595,550, make buying or refinancing simple. We know how important a home is to you and your family, so we strive to offer competitive rates and flexible terms.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $3,830,413 in loans helping members manage their finances effectively. This option allows you to make purchases without tying up your cash while giving you the flexibility to pay back over time.

Loan Aggregator

Accurate Loan Comparisons

LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards. This commitment to quality means that users receive fair and transparent offers based on the latest results (Source: https://www.ncua.gov). By leveraging verified data, LendMesh provides a trustworthy platform for comparing loans.

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make informed decisions without delay. Thousands of users trust LendMesh for their loan comparisons. One member shared, "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This testimonial highlights how LendMesh can have a significant impact on your financial decisions. Compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

Desco